Bottomline Introduces Advanced Capabilities for Web 2.0 and Service Oriented Architecture.Enhanced Functionality for Global Cash Management Enables Banks to Take Ownership of the User Experience for Greater Market Differentiation PORTSMOUTH, N.H. & COPENHAGEN -- Bottomline Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at EuroFinance's 18th International Conference announced expanded support for Web 2.0 and service oriented architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) within its WebSeries[R] Global Cash Management platform. Designed to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the benefits of SOA and Web 2.0, WebSeries provides banks and financial institutions with the flexibility required to take greater ownership of the end user experience. By leveraging Bottomline's SOA-enabled building blocks, banks can construct a highly-interactive user experience utilizing state-of-the-art AJAX controls. At the same time, banks with existing front-end user interfaces can significantly enhance the user experience by 'calling' Bottomline's Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. to support business rules, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and information queries. Through either approach, banks can continue to dictate the specific elements of functionality for client-facing solutions. "When choosing a banking partner, corporations expect cash management solutions to have the same level of usability, sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. and personalization found in popular online experiences such as search engines and specialized online communities," said Eric Campbell, Chief Technology Officer of Bottomline Technologies. "By architecting WebSeries to fully support SOA and Web 2.0 technology, our banking customers are able to create a unique user experience that differentiates their products and services in the marketplace and provides the flexibility to support clients anywhere in the world." To get to market quickly with high-volume domestic and international payments capabilities, banks and financial institutions around the world rely on Bottomline's award-winning WebSeries Global Cash Management platform. A single platform for managing payments and providing real-time cash management reporting, WebSeries delivers the security, reliability and rich functionality necessary to deliver the products and user experience required to strengthen customer relationships and develop new markets. Editorial Note: Bottomline will be exhibiting in stand C3-L69B at EuroFinance's 18th International Conference, October 21-23, 2009 in Copenhagen, Denmark. To arrange an on-site meeting, please contact Nadine ter Meulen at +44 (0) 787 943 1689 or Billy Balfour at +1 603-501-5219. Calculate the Environmental Savings To help raise awareness of the environmental benefits achieved by transitioning from paper to electronic processing, Bottomline has posted a green savings calculator on its Web site at: www.bottomline.com/cash_management_goes_green/. About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com. Bottomline Technologies, WebSeries and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders. Cautionary Language This press release may contain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed September 2009 and any recently filed Form 8-Ks Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements. |
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